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Molina Healthcare’s profit surges, fueled by Medicaid, exchange plans
Modern Healthcare

Molina Healthcare recorded booming revenue and net income figures in the first quarter, a direct result of the Affordable Care Act’s expansion of Medicaid and private health coverage.

“We believe that government-sponsored initiatives, including the Affordable Care Act, will continue to provide us with significant opportunities for membership growth in our existing markets and in new programs in the future,” Molina said Thursday in a filing with the Securities and Exchange Commission.